Zenergy Power PLC
11 March 2008
Embargoed Release: 10:00hrs Tuesday 11 March 2008
Zenergy Power plc
('Zenergy' or the 'Group')
Industry Endorsements
Zenergy Power plc (AIM:ZEN.L), the specialist manufacturer and developer of
commercial applications for high-temperature superconductive ('HTS') materials,
is proud to announce that its ground-breaking energy efficient technology has
been the recipient of two highly acclaimed industry endorsements.
The first of these is the CleanEquity Monaco 2008 Award for Excellence in the
Field of Environmental Technology Development which was presented to the Group
by H.S.H. Prince Albert II of Monaco at the prestigious annual conference held
in Monaco on the 20th of last month.
The second of these endorsements is in recognition of the electrical
efficiencies of the Group's newly developed HTS induction heater, which has been
selected as one of the 2008 Top Ten new technology products for the metals
processing industry by the editors of Industrial Heating Magazine, a global
industry publication.
The Group's patented induction heater, which greatly reduces the levels of
electrical energy consumed during industrial heating processes, has received
this recognition just eight months after the completion of its development and
testing.
Commenting on the HTS induction heater, the editors of Industrial Heating
Magazine, noted that:
'Through process quality and productivity improvements combined with
unparalleled energy efficiencies and capital cost savings, the superconducting
induction billet heater may prove to be a superior heating option for many
applications.'
The Board considers the continuing and growing level of industry recognition of
the Group's energy efficient technology as compelling evidence of the attractive
economic benefits of HTS products which greatly improve efficiency and
productivity.
-Ends-
About Zenergy Group plc
Zenergy Power plc is a global specialist manufacturer and developer of
commercial applications for superconductive materials. Comprising three
operating subsidiaries located in Germany (Trithor), USA (SC Power Systems) and
Australia (Australian Superconductors), Zenergy is highly focussed on the
commercialisation of a number of energy efficient applications to be adopted in
renewable energy power generation, energy distribution and large scale, energy
intensive industrial processes and achieved the world's first commercial sale of
an industrial scale HTS device in September 2007.
About superconductivity
Superconductive materials are capable of conducting electricity without any
resistance and were first discovered in 1911 in what was to prove to be one of
the most significant scientific breakthroughs of the 20th century.
The global HTS market is substantial and growing, with a number of market
studies projecting multi-billion dollar markets for the application of HTS
materials and products. The proliferation of the use of superconductor materials
is largely being driven by the following key factors:
(a) HTS materials are highly complementary to energy efficient technologies
as a substitute for copper
(b) HTS wires have power densities of over 100x that of copper
(c) Current developments are leading to substantially reduced costs in the
production of HTS wires and are targeting to be cheaper than copper over
the next few years.
(d) HTS applications deliver exceptional energy efficiencies and thus reduced
power consumption and running costs
(e) HTS technology is set to play a significant role in reducing CO2 emissions
in line with international targets
(f) HTS applications are capable of delivering vastly increased levels of
power with increased reliability and reduced material usage
This information is provided by RNS
The company news service from the London Stock Exchange
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